Weekly Bias is UP, Daily is UP as well. We have an AB=CD which happens above the 38% retracement of the bigger swing up. (some people might refer to this as a high-tight flag). 30 min is showing divergence. The entry is a breakout after multiple inside bars pattern also known as a popgun pattern. The risk to reward to the previous all-time high is 1 to 5 if no...
Price is at the highs of Nov '23. Double tops are forming on the 4H and below. Looking for the M to complete on the 4H at a minimum before returning to bullish price movement. Price could very well continue bullish from where it currently is, but we shall have to wait and see.
I see a nice bearish reaction to a key daily horizontal resistance on NZDCAD. After a test of the underlined blue area, the price started to consolidate and formed a horizontal range on a 4H time frame. Its support was violated and for us, it is an import sign of strength of the sellers. We can expect a bearish continuation now at least to 0.83 ❤️Please,...
This is my Intraday analysis on EURUSD for 27 Feb 2024 W9 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect a Pullback. As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones,...
I like to enter where the majority of the stops reside. In this case, the rectangle is my area of interest. If you look at the weekly chart you will recognize this as a visible swing low. In the core, this is still the Spring Setup I hunt for, but less obvious this time as there is no clean AB=CD that can be drawn. Also can't miss the round number and expect a...
It is important to know when the NASDAQ:NDX and a few of its components are overextended and that a minor correction, aka retracement, is imminent. It doesn't really matter if you can guess the exact day, but it does matter that you can see the risk coming so that you can plan to take action on open positions and plan ahead for new positions for swing or...
In this live trading video,we explore the idea on if we should set a target on our JPY positions of EURJPY and USDJPY. We explore the reasons for when we should set a target and when we should not. You can cross transfer these principles on any strategy.
In this live trading session video,we look at current live open positions on BRENT, GBPUSD, EUR and potential trades coming on Bitcoin,Etherum,US30, etc and the thinking behind them. We also look at how we are doing on our live 100k traders challenge account.
** re-post from December ** On the above 4-day chart price action has corrected almost 100% since the sell signal in March (not shown). A number of reasons now exist to be bullish , including: 1) A strong buy signal (not shown) on both USD/ BTC pairs. 2) Price action is now testing a significant line of support and resistance . On both USD and BTC pairs...
Worldcoin is a fresh alt on Binance. Usually, such alts pump so high due -50-80% dump after the listing. The example is Aptos, which make -70% pullback and grew by +550%. WLD fell by -60%. Also ARKM, MAV, SUI, SEI are on the list. 💥watch this freshman carefully before it skyrockets. like❤️ and follow Check the links and get a gift from me👇
Sui Network is the new altcoin on Binance which has an unlimited potential. Now the price fell by -72% and consolidating inside green area. Additional bullish signal is a potential close above $0.45 key level. The closest worthwhile target is at $1-1.25 (+170-200%). If BTC will close above 31-34k and continue its growth, SUI can easilly grow by 4-10-50x on a...
rounding top like formation in pair indicates lack of srength at higher zones and as long as pair is below 83.20 , it could slip to 82.50 and 82.30 levels
Update for EURCAD. Earlier we spotted a confirmed bullish reversal on a daily time frame. After a violation of a daily horizontal resistance, the price started to consolidate with a bullish flag pattern on a 4H time frame. The resistance of the flag was broken today with a high momentum bullish candle. It is a strong bullish confirmation and it indicates...
H4 Analysis: Expectation remains the same as per analysis yesterday (25/02/2024) -> Swing: Bullish. -> Internal: Bearish. -> Sub-Internal: Bullish. -> Has reached EQ. I have marked sub-internal in red due to the significant range of the internal structure. Price has printed a bullish sub-internal iiBOS. which indicates that we are still in the pullback...
Based on raw price action we can see that the EUR/USD pair wants to rise as least for the week. We have several indication of a bull market. I will list the important few, for me, that is. First: We have past a previous Daily high and have broken that previous high with authority. Second: We have been in an up trend on the 4H and 1H for the past 11 days...
stock is strong downtrend its one of theweakmost names in banking space with banking index trading near all time high this stock is at 52 week lows and not just that but at 3 year lows such stocks are ideal sell candidates fr trading and expect a heavy downmove here with a stop above 232 mark
●INJ is in accumulation zone on weekly timeframe. ●Once INJ get the Weekly candle body closing above the $40.58 that is when it will fly for $80. ●IF INJ started to dump then consider it a deviation before a huge pump. ●During a dump $29 & $26 Will be the best buying levels.
This is my Intraday analysis on EURUSD for 26 Feb 2024 W9 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m NOTE: Nothing major changed since last Friday analysis. Price still within a tide range. 4H Chart Analysis 1. Swing Bearish INT Bullish Swing Pullback Phase 2. After a BOS and iBOS we expect...